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North Dakota

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  • Economic index jumps for Midwest, Western states Friday, 19 Oct 2012 | 11:29 AM ET

    OMAHA, Neb.-- An index of economic conditions in 10 Midwest and Western states jumped this month after three months of drought-induced doldrums. "Our survey indicates that the negative impacts of the drought are being more than offset by the positives of very strong incomes from high agriculture and energy prices," said Creighton University economist Ernie Goss.

  • Union Pacific 3Q profit up 15 pct. on price hikes Thursday, 18 Oct 2012 | 1:06 PM ET

    OMAHA, Neb.-- Union Pacific said Thursday that its third-quarter profit climbed 15 percent because price increases and more automotive and chemical shipments helped the railroad offset a 12 percent drop in coal shipments. Union Pacific, based in Omaha, Neb., said Thursday that revenue grew 5 percent to $5.34 billion from last year's $5.1 billion.

  • Drought stable in ND but worsens again in SD Thursday, 18 Oct 2012 | 11:11 AM ET

    SIOUX FALLS, S.D.-- Drought conditions are stable in North Dakota over the week, but they have worsened again in South Dakota. Drought Monitor map shows that 57 percent of South Dakota is now in the two worst categories of drought, extreme and exceptional.

  • North Dakota company buying 3 Nebraska dealerships Thursday, 18 Oct 2012 | 10:47 AM ET

    GRAND ISLAND, Neb.-- North Dakota- based Titan Machinery Inc. says it's buying three CaseIH agriculture equipment dealerships in Nebraska. Titan, of West Fargo, N.D., says it is acquiring Toner's Inc., which operates Toner's in Grand Island, Red Line Equipment in Broken Bow and Ord Equipment in Ord.

  • ND cities get money for loans to small businesses Thursday, 18 Oct 2012 | 10:28 AM ET

    CARRINGTON, N.D.-- The U.S. Treasury Department has provided $3.4 million to a group of 36 North Dakota cities to support loans to small businesses. Every $1 in federal money must be matched with $10 in private sector investment, which will lead to $34 million in private sector funding.

  • North Dakota race comes down to ticket-splitters Thursday, 18 Oct 2012 | 10:09 AM ET

    BISMARCK, N.D.-- Dwight Thompson is a solid conservative businessman who will be voting for a Republican for president and a Democrat for Senate.

  • 27 people displaced as fire claims small ND town Thursday, 18 Oct 2012 | 12:25 AM ET

    BUCYRUS, N.D.-- A tiny southwestern North Dakota town has been all but destroyed by a wind-fueled wildfire that displaced its 27 residents, prompting an outpouring of assistance from surrounding communities, officials said Thursday. The chairman of the County Commission said the fire razed four homes in the town about 60 miles south of Dickinson.

  • Could Bakken Oil Boom Go Bust After Election? Wednesday, 17 Oct 2012 | 10:39 AM ET
    Oil derricks in North Dakota pump oil from the Bakken Formation.

    The incredible prosperity in North Dakota has happened during the Obama administration. However, the fear is that things might change in the next four years, especially when it comes to fracking.

  • USDA: $61M provided for ND housing projects Wednesday, 17 Oct 2012 | 10:05 AM ET

    BISMARCK, N.D.-- The U.S. Department of Agriculture's Rural Development agency says it provided more than $61 million for North Dakota housing projects during the past fiscal year. The agency says funds in fiscal 2012 included loans for single-family homes and more than $3 million in rental assistance to low-income tenants.

  • Big cash spent in AZ, PA, MA Senate race reports Wednesday, 17 Oct 2012 | 9:04 AM ET

    WASHINGTON-- Republican candidates for the Senate in conservative-leaning states generally outraised their Democratic opponents in the latest fundraising quarter ending Sept. 30, but Arizona proved an exception as former surgeon general Richard Carmona raised nearly $500,000 more than Republican Jeff Flake.

  • ND official praises Colombia trade mission Wednesday, 17 Oct 2012 | 8:59 AM ET

    BISMARCK, N.D.-- North Dakota Agriculture Commissioner Doug Goehring says the state's first trade mission to Colombia in four years shows promise for a long and profitable trade relationship with the South American nation. He says the trip was the beginning of a new effort to make North Dakota a main supplier of products to Colombia.

  • The Energy Factor: Fracking     Wednesday, 17 Oct 2012 | 8:44 AM ET

    CNBC's Brian Shactman reports on the oil boom which has resulted from fracking the Bakken shale in North Dakota.

  • Titan to buy trio of Toner's dealerships Tuesday, 16 Oct 2012 | 3:19 PM ET

    WEST FARGO, N.D.-- Titan Machinery Inc. said Tuesday that it reached a deal to buy Toner's Inc., which includes three CaseIH agricultural equipment dealerships in Nebraska. The trio also offers cost savings opportunities with Titan's existing stores in a nearby Nebraska town, the company said.

  • ND airline boardings up about 20 percent Tuesday, 16 Oct 2012 | 10:22 AM ET

    BKSMARCK, N.D.-- Officials say airline boardings at North Dakota's commercial airports are up nearly 20 percent from last year. North Dakota Aeronautics Director Larry Taborsky says year-to-date passenger numbers show five of the eight commercial service airports in the state are continuing on a record-breaking pace.

  • Murphy to split off its retail division Tuesday, 16 Oct 2012 | 10:18 AM ET

    EL DORADO, Ark.-- Murphy Oil is splitting in two in order to better focus on the separate tasks of exploration and production, and the sale of gasoline and other goods through its retail locations. Murphy Oil will continue to explore for and produce oil in the U.S., Canada and Malaysia.

  • Favorable weather helps ND fieldwork Tuesday, 16 Oct 2012 | 10:12 AM ET

    FARGO, N.D.-- Good weather helped North Dakota farmers make progress last week in harvesting corn, soybeans and sugar beets. The U.S. Agriculture Department says in its weekly crop, livestock and weather report that the soybean harvest was nearly complete.

  • Murphy to split into separate E&P, retail company Tuesday, 16 Oct 2012 | 9:18 AM ET

    EL DORADO, Ark.-- Murphy Oil is splitting in two in order to better focus on the separate tasks of exploration and production, and the sale of gasoline and other goods through its retail locations. Murphy will become an independent oil exploration and production company focused on the U.S., Canada and Malaysia.

  • Energy service company building facility in ND Tuesday, 16 Oct 2012 | 12:58 AM ET

    MANDAN, N.D.-- Novaspect Holdings Inc., which supplies and services valves and other flow-control components for the energy industry, is building a facility in Mandan, N.D.. The company expects to have about 30 employees within two years, and an annual payroll of $2.6 million.

  • ND soybean group hosting visitors from Philippines Monday, 15 Oct 2012 | 9:58 AM ET

    FARGO, N.D.-- The North Dakota Soybean Council is hosting a group from the Philippines for a day. The guests on Monday are touring a greenhouse, feed mill and commodity trade room at North Dakota State University, as well as the Northern Crops Institute. The council says the goal is to promote soybeans grown in North Dakota.

  • Oct 12- Seadrill Partners LLC:. $22.00 per common unit- SEC filing. *adds morgan stanley, wells Fargo securities, credit suisse, deutsche.